Digital Receipt Data
The Ultimate Guide to Digital Receipt Data 2021
What is Digital Receipt Data?
At the point-of-sale (POS), upon check out, the cashier in most shopping centers asks if the customer would like a print receipt, or a digital receipt, or both. If a customer chooses a digital receipt, the cashier will enter the shopper’s email address and the system will automatically deliver the receipt to the customer’s mailbox. When this is done, data from the transaction, including the shopper’s email address, is captured in the digital receipt system and can later be used for current and future marketing programs.
How is Digital Receipt Data collected?
Once a customer pays for goods or services rendered, in most commercial settings, they’re given the option of receiving the receipt either as a digital component or a traditional paper component. When a customer chooses the digital receipt, they give out their email address and the receipt is sent by the system automatically. As the POS system sends this digital receipt, it can capture information about that transaction and stores it in a digital warehouse for future analysis. Therefore, the design for the collection of digital receipt data best serves business owners who have integrated systems to capture this data and store it for future refining and assessment.
What are the attributes of Digital Receipt Data?
A digital receipt dataset is made up of information about a given transaction. The attributes of this information include:
• The item/s purchased or services rendered.
• The amount paid by the customer for the goods or services
• Information about Value Added Tax
• Information about the payment method employed for the particular transaction
• Contact information about the customer if they prefer the receipt to be sent electronically.
What is Digital Receipt Data used for?
Digital receipts have transformed the digital marketing landscape because they enable retailers to include marketing messages (sometimes personalized to fit individual customer’s tastes and preferences) on the receipt. Through these receipts, retailers can build an email list and gather customer data at transaction level and with ease through a simple click of a button. Digital receipts also provide retailers with an overview of inventory flow. The data drawn from these receipts can give insights about the type of merchandise bought by the customers more frequently, hence helping create a personalized digital trail of purchase behavior for each customer.
How can a user assess the quality of Digital Receipt Data?
To gain any meaningful insight from digital receipt data, a user should consider the quality aspect of completeness and time. Time is is an important quality measure for digital receipt data because it matters when the transaction occurred. Historical accounts of when transactions took place are important not only for the business but also for the customer especially in cases where there is an issue with returns or warranty claims. Secondly, businesses want complete information of receipt data for sales and marketing strategies. Drafting customer-centered marketing initiatives becomes difficult if the information about the customer is incomplete.
Who are the best Digital Receipt Data providers?
Finding the right Digital Receipt Data provider for you really depends on your unique use case and data requirements, including budget and geographical coverage. Popular Digital Receipt Data providers that you might want to buy Digital Receipt Data from are Photon Commerce, QueXopa, Knuckle Head, and Edison Trends.
Where can I buy Digital Receipt Data?
Data providers and vendors listed on Datarade sell Digital Receipt Data products and samples. Popular Digital Receipt Data products and datasets available on our platform are Photon Commerce - Invoice and receipt extraction, OCR, and reconciliation by Photon Commerce, QueXopa Email Receipt Data (Brazil) - SKU/Product Level Data on Brazil’s Top E-Commerce Companies by QueXopa, and Edison Trends Daily Data Feed - E-Receipt Data for USA, UK, Australia, Canada, India & Singapore by Edison Trends.
How can I get Digital Receipt Data?
You can get Digital Receipt Data via a range of delivery methods - the right one for you depends on your use case. For example, historical Digital Receipt Data is usually available to download in bulk and delivered using an S3 bucket. On the other hand, if your use case is time-critical, you can buy real-time Digital Receipt Data APIs, feeds and streams to download the most up-to-date intelligence.